NCL Imposes Rs 300/tonne Coal Charge: Revenue Boost & Mine Rejuvenation
Northern Coalfields Ltd (NCL) will levy a Rs 300 per tonne charge on coal, generating Rs 3877cr for mine rejuvenation and resettlement projects.
Photograph: Amit Dave/Reuters
Kolkata, Feb 27 (PTI) Northern Coalfields Ltd (NCL), a subsidiary of Coal India Ltd, will impose a "Singrauli Punarasthapan (rejuvenation) Charge" of Rs 300 per tonne on coal dispatches across all its mines from May 1, 2025.
The additional charge is expected to generate around Rs 3,877.50 crore, NCL said in a regulatory filing.
The levy will be applied uniformly on top of the notified price of coal.
NCL operates mainly in Madhya Pradesh's Singrauli and Uttar Pradesh's Sonbhadra districts, supplying coal to power and non-power sectors.
The company produced 117 million tonnes of coal till January 2025, contributing significantly to Coal India's overall output.
The move comes amid efforts by CIL subsidiaries to bolster revenue and support mine rehabilitation and resettlement projects in coal-bearing regions, industry sources said.
The additional charge is expected to generate around Rs 3,877.50 crore, NCL said in a regulatory filing.
The levy will be applied uniformly on top of the notified price of coal.
NCL operates mainly in Madhya Pradesh's Singrauli and Uttar Pradesh's Sonbhadra districts, supplying coal to power and non-power sectors.
The company produced 117 million tonnes of coal till January 2025, contributing significantly to Coal India's overall output.
The move comes amid efforts by CIL subsidiaries to bolster revenue and support mine rehabilitation and resettlement projects in coal-bearing regions, industry sources said.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 6.81 ( -1.73)
- 117225274
- Srestha Finvest
- 0.48 ( -4.00)
- 23917778
- G G Engineering
- 0.81 ( -2.41)
- 23181029
- Shangar Decor
- 1.11 (+ 4.72)
- 20087292
- Guj. Toolroom Lt
- 1.40 ( -4.76)
- 17858668
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback